Information Acquisition and Representation Methods for Real-Time Asset Management
Abstract
Our research over the last six years has focused on the modeling and solution of complex resource allocation problems, which resulted in the integration of math programming within the emerging field of approximate dynamic programming, summarized in Warren B. Powell, Approximate Dynamic Programming, Solving the cursers of dimensionality, John Wiley and Sons, New York, 2007. These techniques allow us to address problems which involve high-dimensional decision vectors (which routinely arise in resource allocation problems) under various forms of uncertainty. These techniques have proven themselves in a number of major project with civilian transportation companies (with implemented software), and several demonstration projects on air force logistics problems.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 20, 2008
- Accession Number
- ADA484667
Entities
People
- Warren B. Powell
Organizations
- Princeton University